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ASX rises as investors cheer BHP and QBE

2015-02-24 08:44:38| Agriculture - Topix.net

BHP Billiton rallied 2.9 per cent to close at $33.06 on Tuesday, after it posted a $5.35 biillion underlying attributable profit. Photo: AFP The sharemarket rose to its highest close since the global financial crisis, as upbeat earnings results from BHP Billiton and QBE Insurance Group brightened the day.

Tags: investors rises cheer bhp

 

need2know: Greece deal to buoy ASX

2015-02-22 20:53:16| Agriculture - Topix.net

Local shares are poised to open higher on positive sentiment from the EU's decision to extend a financial rescue to Greece for four months. UBS is 'neutral' on Wesfarmers with a 12-month target price of $43 a share.

Tags: deal greece asx buoy

 
 

ASX dips on earnings, Crown gets big bounce

2015-02-19 08:16:29| Agriculture - Topix.net

Casino operator Crown Resorts jumped 9.8 per cent to $15.88, despite showing a 47.2 per cent slump in net profit. Photo: Jessica Shapiro Local shares fell on Thursday as index heavyweight BHP Billiton slipped, while analysts and investors digested an avalanche of profit results on one of the busiest days of February reporting season.

Tags: big crown earnings bounce

 

ASX falls despite solid Telstra result

2015-02-13 06:59:10| Telecom - Topix.net

In Thursday's earnings results, the big ticket item of the day was Telstra, which led the market in early trade. Photo: Craig Sillitoe Australian shares fell for a fourth straight day on Thursday, as investors shrugged off both a solid earnings result by Telstra and rising chances of another Reserve Bank of Australia rate cut after January jobs figures disappointed.

Tags: result solid falls asx

 

Vocation ASX suspension extended as asset sales talked over

2015-02-12 15:23:20| Automakers - Topix.net

The board of embattled education group Vocation has held talks with aggrieved 15-per-cent shareholder Brett Whitford but its major focus is on potential asset sales after securing a 10-day extension from the stock exchange on a suspension of trading in its shares. A new deadline of February 23 has now been set for Vocation shares to come out of a trading suspension and update the market on its parlous financial situation.

Tags: over sales extended asset

 

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